The chart that shows Sydney's increasing property market risks: RBA's April chart pack

The chart that shows Sydney's increasing property market risks: RBA's April chart pack
Jonathan ChancellorApril 7, 2015

Investors almost match owner occupiers in the latest financing chart in the April RBA chart pack.

 Housing Loan Approvals graph

The extent of the continued Sydney house price surge is well illustrated in the latest RBA chart pack. Yesterday's RBA governor's statement noted dwelling prices continue to rise strongly in Sydney, though trends have been more varied in a number of other cities.

"The bank is working with other regulators to assess and contain risks that may arise from the housing market."

 Housing Prices graph

Household liabilities remain relatively steady, but net worth is still behind the pre-global financial crisis impact.

 Household Wealth and Liabilities graph

Debt is still high, but interest paid is much lower in the low cash rate times.

 Household Finances graph

The transition to a construction led economy is apparent in private residential building approvals.

The household savings rate is dipping.

Household Saving Ratio graph

The banks are doing okay with profitability and lower bad debts.

 Bank Profitability – Key Indicators graph

Jonathan Chancellor

Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.

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